Well...

The poor judgement was putting it in a book.

People who have never been around a ranch or a farm are clueless of the realities of how the real world works.

The kind of idiots that think you shouldn't kill animals for food because you can buy meat at the supermarket.

The word "unrealized" appears 18 times in this thread.  How is it that you have yet to see it?

So your example of paying capital gains on a 10% increase in your home is not true. You was the one who made that up.

And I posted multiple places how the billionaires pay very low taxes through loopholes and you  have yet to show an actual link where Bezos is paying a 40% tax  even though the ACTUAL taxes Bezos paid from 2010 to 2018 is on the net and not close to 40% but between 1.8% and 3.5% give or take a few percentage points and I believe he paid zero taxes for a few of those years and even got back child tax credits

I am done you can have the last word

I can't wait to tell my CPA accountant who deals with high end clients that Bezos is paying 40% tax rate. Maybe I will not tell her. She might die from laughter

The word "unrealized" appears 18 times in this thread.  How is it that you have yet to see it?

Exactly.  So why are you pretending otherwise by buying into that ProPublica bullshit?

Link please to what Pro Publica said regarding this-capital gains on a house that increases 10% in value.

  Are you capable of thinking for yourself?

  For example, let's say you pay $100k for a house.  Next year, the government appraises the value of your house at $110k.  So according to ProPublica, you should have to pay taxes on that $10k increase even though you did not see a dime of it. 

Show me in the tax code where you have to pay capital gains on a house that goes up in value that you are living  in and  not selling.  I own apartments and office buildings.   Never had to pay capital gains of course never sold them either..yet. .

Yeah, I have  a great tax accountant  and might not know everything but I know Billionaires are not paying 40%. I showed how Musk and Bezos are doing it through borrowing from stock as one example.


You only pay the capital gains tax after you sell an asset. Let's say you bought your home 2 years ago and it's increased in value by $10,000. You don't need to pay the tax until you sell the home.

Capital Gains Tax On Real Estate And Home Sales: A Guide



Yes, I think for  myself. I figured out .long ago listening  from  the doom and gloom from the rw fear porn mongers most of it is 99% utter bullshit. Forbes today said the 44% biden tax proposal is a nothing burger.

BTW met with my CFP today.  Our investments are at record levels. But wait I thought the RW fear porn dipshits said Biden was going to cause a depression and the stock market would be another 1929. Guess not